ABC Corporation issued $10,000$ shares of $$1$ par common stock for $$3$ per share.

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Debit

Credit

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ABC Corporation issued $1,000$ shares of $$50$ par, $2\%$ preferred stock for $$65,000.$

$\backslash$table$[[$Account$,$Debit,Credit$],[,,,],[,,,],[,,,],[,,,]]$

ABC Corporation issued $1,000$ shares of $$1$ par common stock in exchange for property with a fair value of $$50,000.$

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Account

Debit

Credit

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